EU Commissioners, Breton and Simson, call for a scale up of the European solar PV industry at a meeting of major solar industry stakeholders in Brussels at the beginning of March.
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Chvaletice Project will provide Europe s fast-growing EV industry with a sustainable, local and long-term supply of battery-grade manganese products
EINDHOVEN, Netherlands, March 15, 2021 /PRNewswire/ EIT InnoEnergy, the world s largest sustainable energy innovation engine, has announced its support of Euro Manganese s Czech-based Chvaletice Manganese Project, helping fulfil ambitions to create a competitive and sustainable battery cell manufacturing value chain in Europe.
In addition to an initial investment of €250k, EIT InnoEnergy will help Euro Manganese secure financing for full-scale commercial development up to €362m for the commercial development of the Chvaletice Manganese Project. EIT InnoEnergy will also help Euro Manganese secure customer offtake agreements by leveraging its network of industrial partners, including the European Battery Alliance (EBA), for which it runs the industrial development programme.
Kadri Simson, EU Internal Market Commissioner
Thierry Breton, and French Minister Delegate for Industry
Agnès Pannier-Runacher.
According to SolarPower Europe, the ESI will accelerate Europe’s climate agenda and economic recovery, contributing to the delivery of the European Green Deal objectives. The ESI aims to scale up a strong PV manufacturing industry in Europe across the entire value chain from raw materials to recycling, which will capture the additional 20 GW of annual solar demand forecasted in Europe for the next decade. This will generate €40bn of GDP annually and create 400,000 new direct and indirect jobs across the PV value chain.
PV - EIT InnoEnergy and SolarPower Europe launch the European Solar Initiative - Renewable Energy Magazine, at the heart of clean energy journalism renewableenergymagazine.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from renewableenergymagazine.com Daily Mail and Mail on Sunday newspapers.